Warner Center, Los Angeles

Urban Movement Labs Merges Into LACI, Expanding LACI's Capacity to Invite & Scale Zero Emissions Mobility Innovation in LA by Time World Arrives for 2028 Olympics

Retrieved on: 
Thursday, May 9, 2024
San Fernando Valley, Public, Paralympic Games, UML, Lindsey Horvath, Policy, Warner Center, Los Angeles, City, CEP, Board of supervisors, Partnership, Warner, EV, LADOT, LOS, LACI, TEP, Chair, Air pollution, Renewable energy

LOS ANGELES, May 9, 2024 /PRNewswire/ -- The Los Angeles Cleantech Incubator (LACI) is pleased to announce that Urban Movement Labs (UML) has merged into LACI. The merger will strengthen LACI's capacity to accelerate progress toward the bold transportation electrification targets set by the time the world arrives for the 2028 Olympics in Los Angeles. Given the legacy of UML's focus on mobility innovation nationally, the merger bolsters LACI's national City Climate Innovation Challenge whose first cohort includes NYC, DC, Los Angeles, and six other local governments across the US working on piloting zero emissions delivery via local 'innovation sandboxes'.

Key Points: 
  • The merger will strengthen LACI's capacity to accelerate progress toward the bold transportation electrification targets set by the time the world arrives for the 2028 Olympics in Los Angeles.
  • As part of the merger, LACI will carry forward the Transportation Technology Innovation Zone (TTIZ) at the Warner Center in the San Fernando Valley.
  • The TTIZ will also tie to the work of LACI's public-private Transportation Electrification Partnership.
  • "The 'innovation sandbox' that LACI is creating with the TTIZ will provide an opportunity to pilot solutions and scale what works."

Banc of California Announces New Community Banking Leaders

Retrieved on: 
Tuesday, April 9, 2024
Finance, Business, Banking, Professional Services, Small Business, Baron, Banq, Commercial property, BANC, Banc of California, Warner Center, Los Angeles, PacWest Bancorp, Treasury, Disability, Bank

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.

Key Points: 
  • Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
  • Chris Baron has been promoted to President, Community Banking, to oversee Banc of California’s five regions in California and Colorado, along with its national asset-based lending business finance team.
  • Baron is based in Beverly Hills, California, and reports to Hamid Hussain, President of Banc of California.
  • In addition, he sits on the BANC Foundation board for Banc of California.

Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California’s San Fernando Valley

Retrieved on: 
Tuesday, October 31, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Consulting, REIT, Santa Susana Mountains, Sale, NYSE, Marcus & Millichap, Warner Center, Los Angeles, Northridge Fashion Center, Growth, MMI, Porter Ranch, Los Angeles, IPA, San Fernando Valley, Commercial property, Green

Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE:MMI) , announced today the sale of Summerset Village, a 280-unit multifamily property located in the foothills of the Santa Susana Mountains in Chatsworth, California.

Key Points: 
  • Institutional Property Advisors (IPA) , a division of Marcus & Millichap (NYSE:MMI) , announced today the sale of Summerset Village, a 280-unit multifamily property located in the foothills of the Santa Susana Mountains in Chatsworth, California.
  • The $106.65 million sale price equates to $380,893 per unit.
  • “Well-maintained by an institutional owner for over 25 years, Summerset Village is one of only 10 multifamily properties with 200 units or more in the Northwest San Fernando Valley built since 1980,” said Kevin Green, IPA executive managing director.
  • Completed in 1986, the asset has 39 two-story residential buildings, two solar-heated swimming pools, two hot tubs, a beach volleyball court, and direct access to hiking trails.

Total Construction Starts Show Double Digit Gains in July

Retrieved on: 
Wednesday, August 16, 2023
Construction & Property, Other Construction & Property, Education, Pearl Harbor Naval Shipyard, Orlando International Airport, Wisteria, Rio Grande, Multimedia, Plant, Warner Center, Los Angeles, BMW, Biophysical environment, Commercial property, Buffalo, LNG

Total construction starts rose 17% in July to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network .

Key Points: 
  • Total construction starts rose 17% in July to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network .
  • (Graphic: Business Wire)
    Year-to-date through July 2023, total construction starts were 7% below that of 2022.
  • For the 12 months ending July 2023, total construction starts were 3% higher than that of 2022.
  • Commercial starts rose 11% on the back of gains in warehouse and parking starts, offsetting a decline in office and hotel starts.

Chatham Lodging Trust Announces Fourth Quarter 2022 Results

Retrieved on: 
Thursday, February 23, 2023
Professional Services, Other Travel, Other Construction & Property, Lodging, Commercial Building & Real Estate, Destinations, Construction & Property, Travel, Other Professional Services, REIT, Finance, Consulting, Telephone, RevPAR, Public expenditure, SOFR, Investment, Trustee, Internet, Warner Center, Los Angeles, Gulf of Mexico, Walking, Residence Inn by Marriott, ADR, Hilton Garden Inn Kampala, Hotel, Video game, Bank, Holding company, D.C

Fourth quarter occupancy remained strong at 80 percent, and with ADR of $190, generated RevPAR of $152, which would rank 8th of Chatham’s hotels.

Key Points: 
  • Fourth quarter occupancy remained strong at 80 percent, and with ADR of $190, generated RevPAR of $152, which would rank 8th of Chatham’s hotels.
  • During the fourth quarter, the hotel achieved RevPAR of $80, down slightly compared to RevPAR of $83 in the 2021 fourth quarter.
  • During the 2022 fourth quarter, the company incurred capital expenditures of $3.3 million ($4.1 million in the first quarter, $5.3 million in the second quarter and $3.0 million in the third quarter), excluding any spending related to the Warner Center development.
  • The company will hold its fourth quarter 2022 conference call later today at 10:00 a.m. Eastern Time.

Rethink Your Workout: Q4 Active Launches Proprietary Boutique Fitness Studio

Retrieved on: 
Monday, November 14, 2022
Health, Dementia, Heart, Population, Environment, Warner Center, Los Angeles, MacEwen, Entrepreneurship, Ageing, Program, Human skull symbolism, CEO, Q4, Life, Brain, Longevity, Exercise, Toy, Mobile phone, Medical device

LOS ANGELES, Nov. 14, 2022 /PRNewswire/ -- Q4 Active, a fitness studio dedicated to individuals 50+ will open December 1 in Woodland Hills, a suburb of Los Angeles, California. An entirely new fitness concept, Q4 Active supports physical and brain performance in a welcoming, engaging, and energizing environment.

Key Points: 
  • An entirely new fitness concept, Q4 Active supports physical and brain performance in a welcoming, engaging, and energizing environment.
  • Conveniently located in the heart of Warner Center in Woodland Hills, Q4 Active boutique fitness studio members will enjoy fun, fulfilling body and brain exercise.
  • Q4 Active's proprietary fitness programming is designed to improve cognitive health and functional longevity for happier, healthier lives.
  • Q4 Active houses two separate exercise studios that deliver the proprietary Q4 Active brain and body circuit, as well as more specialized programming including small-group, 12-week cognitive fitness programs, personal training, post-rehabilitation training, nutrition workshops, invited speakers, and other social events.

Manufacturers Bank Appoints Fred Mirzaian Executive Vice President and Chief Operating Officer

Retrieved on: 
Thursday, October 27, 2022
Banking, Professional Services, Sumitomo Mitsui Banking Corporation, Senior, Farmer's and Manufacturer's Bank, Trust, International Service for the Acquisition of Agri-biotech Applications, Information technology, Solution, Technology, Bank, University of Washington Information School, Commercial, CEO, Warner Center, Los Angeles, Human resources, Business, University, Risk management, SVP, East West Bank, Management

Manufacturers Bank, a member of SMBC Group, today announced the appointment of Fred Mirzaian as Executive Vice President and Chief Operating Officer.

Key Points: 
  • Manufacturers Bank, a member of SMBC Group, today announced the appointment of Fred Mirzaian as Executive Vice President and Chief Operating Officer.
  • He reports to Sander Pruijs, President of Manufacturers Bank, and is a member of the Manufacturers Bank Management Committee.
  • Fred will report functionally to Debbie Freer, Chief Operating Officer of SMBC Group in the Americas.
  • Headquartered in Los Angeles, California, Manufacturers Bank is a subsidiary of SMBC Americas Holdings, Inc., a bank holding company wholly owned by Sumitomo Mitsui Banking Corporation.

Top Hollywood Business Advisors Launch 360 Business Management

Retrieved on: 
Monday, August 1, 2022
Business, Industry, HARV, Social media, Certified Public Accountant, Warner Center, Los Angeles, Grammy Awards, Peach, Business administration, Entertainment, Personality, Accounting, CPA, Sony Music Studios, Communication, LOS, Film, Music

LOS ANGELES, Aug. 1, 2022 /PRNewswire/ -- A new, independent business management firm launched this week led by two of the Entertainment industry's leading professionals.

Key Points: 
  • 360 Business Management,as the name implies, is a one-stop shop for Hollywood's new elitemusicians, actors, agents, youtubers and other creatives.
  • Named to The Hollywood Reporter's acclaimed Power Business Managers list, longtime colleagues Josh Martin and Reggie Gooden will lead the new firm.
  • "Timely communication, 24/7 access and Partner-level expertise are the central pillars of 360 Business Management," said Gooden.
  • Clients following Martin to 360 Business Management include actors Gregg Sulkin and Jake Picking,actress/director Frankie Shaw and social media personality Cashnasty.

Cityview Acquires Oceano Apartment Community in Woodland Hills

Retrieved on: 
Friday, June 10, 2022
EV, Interior, Energy Star, CEO, San Fernando Valley, City, Workforce, Florida High Tech Corridor Council, Growth, Warner Center, Los Angeles, GLOBE, History of the Los Angeles Rams, Acquisition, Heart, LED, Lighting, Fitwell, Housing, Video game, Interior design

LOS ANGELES, June 10, 2022 (GLOBE NEWSWIRE) -- Cityview , a vertically-integrated multifamily investment management and development firm, today announced the acquisition of Oceano, an apartment community in the Woodland Hills submarket of Los Angeles.

Key Points: 
  • LOS ANGELES, June 10, 2022 (GLOBE NEWSWIRE) -- Cityview , a vertically-integrated multifamily investment management and development firm, today announced the acquisition of Oceano, an apartment community in the Woodland Hills submarket of Los Angeles.
  • The four-story, podium-style apartment community features 244 one-bedroom and two-bedroom units, originally built in 2012.
  • Oceano is located in one of the fastest-growing locales in Los Angeles, with nearly 50,000 jobs in the 1.5 square mile radius of Warner Center.
  • Cityview also plans to provide a CV Works space with shared and private workspaces and additional multifunctional spaces to enhance work-from-home capabilities.

Manufacturers Bank Welcomes Judith Posnikoff, PhD, to Its Board of Directors

Retrieved on: 
Thursday, June 2, 2022
Banking, Professional Services, Finance, Farmer's and Manufacturer's Bank, Board of directors, LLC, Pacific Symphony, Doctor of Philosophy, Sumitomo Mitsui Banking Corporation, MBA, Bank, SVP, Organization, Solution, University, Human resources, Growth, Commercial, Warner Center, Los Angeles, University of California, Riverside, Risk, Economics, Compliance, Woman, Trust, Board, American University School of International Service, BS, Management

Manufacturers Bank is pleased to announce the election of Judith Posnikoff, PhD, to its Board of Directors.

Key Points: 
  • Manufacturers Bank is pleased to announce the election of Judith Posnikoff, PhD, to its Board of Directors.
  • Sander Pruijs, President, Manufacturers Bank, said, Judy has demonstrated her expertise in balancing business growth with operational excellence, audit, risk, and compliance throughout her accomplished career.
  • Headquartered in Los Angeles, California, Manufacturers Bank is a subsidiary of SMBC Americas Holdings, Inc., a bank holding company wholly owned by Sumitomo Mitsui Banking Corporation.
  • For nearly 60 years, Manufacturers Bank has been the right-sized bank for middle market and corporate businesses providing sophisticated solutions and the expertise of a larger institution with the personal high touch services of a community bank.